Check fraud ring stole $7M from nine banks, credit unions

T1Covered by 1 source · first reported by American Banker (headlines) at 30 Sept, 10:00 UTC

A federal indictment names Bank of America, M&T and seven other banks and credit unions, and quotes the texts that got deposits past their fraud controls.

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Sources

• T1Check fraud ring stole $7M from nine banks, credit unionsAmerican Banker (headlines)30 Sept, 10:00